Online Payment Gateway Market Forecast
                     Market Highlights 
The convenience factor of online payments is estimated to benefit the overall growth of the online 
payment gateway market 2020. The information & communication technology industry reports 
produced by Market Research Future, which highlights market options for expansion. A USD 124.64 
billion income with the aid of the CAGR of 12.8% is predicted for the market in the forecast period. 
The accessibility to the internet and the availability of devices such as smartphones and laptops are 
estimated to guide the market in the forecast period. The diversity in financial transaction options 
is estimated to motivate the online payment gateway market in the impending period. 
Segmentation: 
The segmental investigation of the online payment gateway market forecast is conducted on the 
basis of types, applications, and regions. Based on the type, the online payment gateway market 
comprises of local bank integrates, pro/self-hosted payment gateways, platform-based gateway 
solutions, and others. On the basis of application, the online payment gateway market consists of 
mid-size enterprises, micro & small enterprises, and large enterprises. Based on the region, the 
online payment gateway market consists of Asia Pacific (APAC), North America, Europe, and the 
rest of the regions. 
Detailed Regional Analysis  
The COVID-19 analysis of the online payment gateway market consists of Asia Pacific (APAC), North 
America, Europe, and the rest of the regions. The dominating region in the online payment gateway 
market is North America, which is trailed by Europe and the Asia Pacific. The growing number of 
transactions on e-commerce platforms employing digital payment methods such as debit cards, 
credit cards, and m-commerce is motivating the market development in the region. The 
development of the market is also due to increased digitization in countries such as the United 
States and Canada. The U.S. is among the most advanced economies in the North American region 
and adds significantly to the augmentation of the online payment gateway market. The European 
region has controlled the subsequent largest market stake due to the incidence of international 
players and speedy development in the field of technology, sustaining the market augmentation in 
the region. The region in APAC is predicted to observe extraordinary market growth as well, due to 
the development of micro and small enterprises along with an escalating number of customers 
using online shopping in the up-and-coming economies. 
Competitive Analysis 
The market is expected to record a stable growth rate in the coming years. The market competitors 
are expected to play a key role in the development of the global market. The development of 
adequate sources of raw material is predicted to transform the market in the upcoming period 
further. The availability of strong government support and the presence of encouraging policies is 
expected to enliven the growth prospects in the approaching period. The incidence of options that 
can be favorably capitalized on is aiding the market players in improving their overall position in 
the market. The balance in demand and supply in the market will prove as an encouraging growth 
factor in the forecast period. The competition in the market is manageable, which is inducing the 
entry of new players in the global market. The upgrades in production methods are estimated to 
transform the potential of the market in the forecast period. 
The outstanding contenders in the online payment gateway market are Adyen NV (Netherlands), 
Amazon.com, Inc. (U.S.), First Data Corp. (U.S.), CASHU (UAE), Stripe (U.S.), Tencent Holdings Ltd. 
(China), Worldpay, Inc. (U.S.), Global Payments, Inc. (US), GMO Payment Gateway, Inc. (Japan), 
Verizon Communications, Inc. (U.S.), Alibaba Group Holding Ltd. (China), 2Checkout.com, Inc. (U.S.), 
Visa, Inc. (U.S.), CCBill, LLC (U.S.), PayPal Holdings, Inc. (U.S.), Naspers Ltd. (South Africa), 
SecurePay Pty Ltd. (Australia), and Wirecard AG (Germany).